News

Starbucks Corp (NASDAQ:SBUX, XETRA:SRB) beat Wall Street estimates for fiscal third-quarter revenue and profit as its turnaround plan drove stronger-than-expected US sales growth. Adjusted earnings per share came in at $0.85, above the $0.66 analyst estimate and up 70% year-over-year. Revenue...

Starbucks Delivers Blowout Quarter, Stock Pops on Strong Sales Growth

The coffee chain posted its fourth straight quarter of comparable sales growth and now expects adjusted EPS of $2.55 to $2.65 for fiscal 2026

Chipotle jumped after hours, but is the recovery sustainable?

Shareholders just got a caffeinated jolt from the coffee purveyor.

Starbucks shares jumped in after-hours trading after the company reported third-quarter earnings and revenue that beat expectations and raised its fill-year outlook, suggesting its turnaround is under way. For the fiscal quarter ended June 28, Starbucks reported adjusted earnings of 85 cents a share, well above the 66 cents analysts expected. Revenue fell 1.4% from a year earlier to $9.32 billion—partially due to the conversion of Starbucks’ China operations into a licensed joint venture—but still topped the roughly $9.17 billion consensus estimate.

Investing.com -- Starbucks Corporation (NASDAQ:SBUX) reported third-quarter results that surpassed Wall Street expectations, bolstered by accelerating traffic growth in its core North American market and operational improvements under its strategic turnaround effort. The Seattle-based coffee giant lifted its full-year financial outlook, signaling growing momentum in its core operations despite broader macroeconomic uncertainties. Shares of the company rallied 9% in extended trading following the

As a group, analysts tracking the coffee giant are expecting a dip in revenue, but an improved earnings per share figure.

Earnings season kicks into high gear this week.